Org.nr 892 151 202 2008 → 2009 Year-over-year analysis

A. STENE TOMTA EIENDOM AS: årsregnskap 2009 vs 2008

Shrank 95% on revenue, cash halved-plus

approved 2010-06-30; registry 2010-07-27; journal 2010 550843

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A. STENE TOMTA EIENDOM AS. Revenue 1.15m NOK → 55.5k NOK (-95.2%). Equity 116.8k NOK → -694 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. STENE TOMTA EIENDOM AS.

At a glance

Revenue

1.15m NOK 55.5k NOK

-95.2%

Operating result

+5 408 NOK n/m

—

Equity

116.8k NOK -694 NOK

-100.6%

Cash

494.0k NOK 222.4k NOK

-55.0%

Total assets

23.0k NOK 759.4k NOK

+3201.9%

↓
Revenue fell

Operating income / revenue moved from 1.15m NOK to 55.5k NOK (-95.2% YoY). Calculated
↓
Equity eroded

Book equity 116.8k NOK → -694 NOK (equity ratio 507.8% → -0.1%). Calculated
↓
Cash fell

Bank deposits 494.0k NOK → 222.4k NOK (-55.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 530.9k NOK → 619.9k NOK (46% → 1116% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 285.0k NOK → 194.9k NOK (-31.6% YoY). Calculated